Peru is a niche gambling market you may have not heard about. However, the country has done everything in its power to make gambling legislation as easy as these things can get, and it has succeeded.
There has been a string of decrees passed, the first one of which dating back to 1979 followed by a string of legislation from 1991 on in. All of these laws contributed to the ultimate goal of establishing Peru as one of the most liberal gaming markets in the world.
As you can imagine, this extends to online casinos which are welcome and represented by various global brands that have chosen Peru as their home. Regulated by the General Directorate of Casino Games and Slot Machines (DGJCMT) under the control of Ministry of Foreign Trade and Tourism (Mincetur), Peru's gambling law has been doing well.
While much progress has been made in the 1990s, it wasn't until 2008 that Peru's online gambling and brick-and-mortar industries truly picked up some steam enjoying a liberal approach towards the entire industry.
Peru began endorsing private brands and allowing them to operate so long as they were able to provide and meet the necessary consumer protection standards the government has set out through its regulatory arms.
This led to the arrival of Betsson, one of the largest British gambling brands, which has been present all over Latin America and Peru is no exception today. The company was the first to obtain a license in the country, with more following,
More importantly, though, having a clear-cut regulatory framework has allowed to evolve and allow residents to enjoy various casinos online in Peru. In fact, players may participate in various gambling products even if the website in question does not hold a license, but regulators advise against it due to the lack of a proper license.
Yes, online casinos are perfectly legal in Peru and they are part of the country's growing gambling industry. As a resident of Peru, you may participate in all types of gambling, including online casinos, but also join the gaming floors of brick-and-mortar facilities.
The only condition for players is to be of the legal age and not to be self-excluded from gambling due to problems with managing their addiction, for example. Other than that, Peru has consumer-friendly laws on regulating gambling, that make KYC and AML checks a piece of cake.
Now, one minor thing that must be mentioned here is that the US Department of Treasure was a little skeptical of how Peru regulated its gambling industry, according to a Wikileaks document dating back to 2009.
Peru did bring up a new online gambling regulatory bill to tighten controls around 2017, but presently, the country's regulatory limbo remains the same, albeit players who pick good casino brands can expect and enjoy an accomplished array of online casino gaming options.
Peru has one of the most diverse banking systems when it comes to online casinos. Peruvians have the good fortune to choose from a whole lot of excellent payment options when playing online, including Skrill, Neteller, PayPal, and other intuitive payment methods.
Cryptocurrencies are only beginning to make their mark on the country, but they are also being adopted rapidly across South America. Peru's casinos offer quick deposits and withdrawals and make money transfers to and from the casino website simple enough for consumers to be happy with.
Interestingly, the Nuevo Sol, which is the national currency, is a bit of a niche, and players will actually go the lengthier road of converting their money in euro or US dollars, which makes Peru one of the few gambling industries where residents do not use their native currency to play with.
Peru has modernised its gambling industry significantly. Choosing a non-interventionist approach, the country has made it possible for overseas brands to arrive and offer fair competition in the country, prompting fair conditions for consumers.
Yet, Peru can optimise and help its industry by regulating it a little closer so as to reassure skeptics that it is doing a proper job. Latin America is the next big frontier for online casinos as a whole, and other jurisdictions may learn from Peru's example with a few caveats here and there.
Disclaimer: Play responsibly. Players must be over 18. For help visit https://www.gamcare.org.uk/.
Independent journalism costs money. Support Times of Malta for the price of a coffee.
Read this article:
The status of online casino legislation in Peru - Times of Malta
- Operator of the Year LeoVegas has 2020 vision - Casino Beats [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Online Gambling and Sports Betting Legalized in Michigan - Best Online Casino Sites News [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- NetEnt Released Wings Of Riches at Online Casino Websites, A Fairy-Themed Slot Game - Tunf.com News [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Red Rake Gaming Announces Mother Of Horus at Online Casino Sites - Tunf.com News [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Beware of Scams: Here Are the Safest Casino Deposit Methods for Norwegians - LA Progressive [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Not All Casinos Online Are Safe: Try These Simple Tips to Play the Slot Safely - The Jerusalem Post [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- The Thrill of an Online Casino - Programming Insider [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Bet365 To Shut Down Its Online Casino Operation in Germany - Best Online Casino Sites News [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- How the betting industry has become inextricably linked to football - The Guardian [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Global Gaming's Chances To Operate In The Swedish Online Gambling Market Still Alive, Administrative Court Grants Review Permit - Casino.Buzz [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Mikael Hansson Why it is crucial to value your customers - CasinoBeats [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Spin Games Announces I-Gaming Content and Technology Agreement With Gamesys Group plc - GlobeNewswire [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Oryx Gaming Inks New Agreement With SkillOnNet - Inkedin [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- 3 Smart Strategies to Win Big in Roulette Online - Communal News [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Everi Launches Exclusive Gaming Content with Parx Casino for Online Real-Money Play in Pennsylvania - Yahoo Finance [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Welcome the New Year with Tons of Free Online Casino Spins - Casino Players Report [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- NBA Last 60: Can Virtual Sports Betting Find Real Success In The US? - OnlinePokerReport.com [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Inbound Swedish reforms to toughen advertising and online casino requirements - SBC News [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Applications and software for online casino 2020 - Bulawayo24 News [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Vera john as a leader online casino at the west and in Japan - Business MattersBusiness Matters [Last Updated On: January 9th, 2020] [Originally Added On: January 9th, 2020]
- Skulls UP, the New Slot Full of Functions of Quickspin ready for Online Casino Websites - Tunf.com News [Last Updated On: January 12th, 2020] [Originally Added On: January 12th, 2020]
- How Gambling Will Change in 10 Years - Future of Online Gambling - BestUSCasinos.org [Last Updated On: January 12th, 2020] [Originally Added On: January 12th, 2020]
- Are Irish land casinos upping their game to compete with online competitors? - IrishCentral [Last Updated On: January 12th, 2020] [Originally Added On: January 12th, 2020]
- Everi launches exclusive gaming content with Parx Casino for online real-money play - Yogonet International [Last Updated On: January 12th, 2020] [Originally Added On: January 12th, 2020]
- What Makes Slot Games the Best to Play? - Casino Players Report [Last Updated On: January 12th, 2020] [Originally Added On: January 12th, 2020]
- Are Online Casinos legal or illegal in the US? - South Florida Reporter [Last Updated On: January 12th, 2020] [Originally Added On: January 12th, 2020]
- How the online entertainment industry is powered by tech innovations - IMC Grupo [Last Updated On: April 11th, 2020] [Originally Added On: April 11th, 2020]
- List of Things to to consider before playing at Online casino - - VENTS Magazine [Last Updated On: April 11th, 2020] [Originally Added On: April 11th, 2020]
- Handy Tips to Improve Your Gameplay With an Online Casino - Chiang Rai Times [Last Updated On: April 11th, 2020] [Originally Added On: April 11th, 2020]
- Casinos without Registration - The African Exponent [Last Updated On: April 11th, 2020] [Originally Added On: April 11th, 2020]
- EveryMatrix CEO Q & A: Remote working, online casino and the future of esports - Gambling Insider - In-depth Analysis for the Gaming Industry [Last Updated On: April 11th, 2020] [Originally Added On: April 11th, 2020]
- 'Touched by God' Ronaldinho is better than Messi - Cardetti - Goal.com [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- Swedish concerns, UKGC injection and Danish blocks: The week in numbers - Casino Beats [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- New Jersey Online Casinos Have Big Shoes To Fill With AC Casinos Closed; Can They Do It? - Play NJ [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- Kamloops Readies for Online Gaming Revenue Allocations - Casino Reports [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- Wiggin European regulation roundup May 2020 - iGaming Business [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- NSoft offers BlueOcean Gaming's content to its full web clients - European Gaming Industry News [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- EnergyCasino continues 'stellar growth' with Red Tiger - Casino Beats [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- Things To Do While Travelling the Metro - Metro Rail News [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- The Protest Against Shekarabi'S Measures Is Growing More Than Half The Swedish Online Gaming Market Is Supporting It - European Gaming Industry News [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- Online Casino and Sportsbook BETZEST goes live with payment provider Boleto - European Gaming Industry News [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- Clas Dahln We have so many ideas and plans - Casino Beats [Last Updated On: May 6th, 2020] [Originally Added On: May 6th, 2020]
- Belgium beckons as Skywind Group expands further - CasinoBeats [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Online Sportsbook and Casino BETZEST goes live with payment provider PurplePay - European Gaming Industry News [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Victoria Addresses Online Gambling and Bank Options - Casino Aus [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Stian Hornsletten, EveryMatrix: Closing the gap from sports to casino - SBC News [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Global Online Casino and Game Software Market is anticipated to grow at a strong CAGR by 2025 - Germany English News [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Which is the Best Online Casino Game for You? - DailyGame [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Sweden urged to rethink restrictions as searches for 'unlicensed casino' surges 700% - European Gaming Industry News [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- What Will the Future of Live Casinos in the USA Look Like After COVID-19? - Poker News - CardPlayer.com [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Gambling Industry Announcement and Partnership Roundup - May 14, 2020 - CalvinAyre.com [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Consultation flags concerns over Swedish casino controls - iGaming Business [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Casinos Continue Reopening With 'Villain Still At Large' - US Bets [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Global Online Casino and Game Software Market 2020 Share, Growth, Size, Opportunities, Trends, Regional Overview, Leading Company Analysis and... [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Slots, Craps And COVID Masks: Casinos Begin Reopening, But When Will PA Follow? - Play Pennsylvania [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Danish gamblers not shifting their pandemic action online - CalvinAyre.com [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Online Casino: Planetwin365's customer wins over 100000 on slot with a spin of only 3.60 - European Gaming Industry News [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Online Casino Play Is Getting A Boost, But Its Hard To Count On That Continuing - Penn Bets [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- How to Find the Best Online Casino for Gambling in Canada - Net Newsledger [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- All That You Should Know As A Newbie To The Casino - TimesOfCasino [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Best Of The Books: The Match Ignites Golf Betting, Plus Bundesliga & More KBO - Play Pennsylvania [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Why not online gambling for Connecticut's tribes? Drive-in casinos? - theday.com [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- What Are The Top Advantages Of Playing Online Slots? - TimesOfCasino [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Relax Gaming To Go Live With Roobet - Inkedin [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Will eSports Soon Become an Integral Part of the Online Gambling Industry? - European Gaming Industry News [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Pragmatic Play Limited turns up the heat with new Hot To Burn video slot - World Casino Directory [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- COVID-19 Impact ON Online Casino Gaming Market: Size, Market Analysis, Application, Growth Drivers, Trends, status and Research Report by 2025 - Cole... [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Online Casinos In Japan And Their Legalization - TimesOfCasino [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Online Casino and Sportsbook BETZEST goes live with leading payment provider Trustly - European Gaming Industry News [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- How to market an online casino: Strategies that work - HR News [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- What online casino marketing does effectively and what it doesn't - More About Advertising [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Mobile online casino - a trend of technology in the US - EsportsJunkie [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Missing the Tables? Find an Online Casino With These Tips - South Florida Caribbean News [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- How Big is the Canadian Online Casino Industry? - The Game Haus [Last Updated On: May 24th, 2020] [Originally Added On: May 24th, 2020]
- Global Online Casino Software Market Research Report 2020 Growing Demand, Business Opportunities, Competitive Analysis, Future Prospects and Forecast... [Last Updated On: May 29th, 2020] [Originally Added On: May 29th, 2020]
- Assessing the Fallout From the Coronavirus Pandemic Online Casino Software Market Analysis on Current Trends 2026 - News Distinct [Last Updated On: May 29th, 2020] [Originally Added On: May 29th, 2020]
- On the spin: Slot launch round-up - CasinoBeats [Last Updated On: May 29th, 2020] [Originally Added On: May 29th, 2020]
- NetEnt Live Revamped with Player-friendly Features - Online Casino Reports [Last Updated On: May 29th, 2020] [Originally Added On: May 29th, 2020]
- From VR to Cashless Payment: 4 Technological Aspects of the Online Casino Industry - Techstory [Last Updated On: May 29th, 2020] [Originally Added On: May 29th, 2020]
- Online Casino and Game Software Market Research Report 2020: Key Players, Applications, Drivers, Trends and Forecast to 2026 - News Distinct [Last Updated On: May 29th, 2020] [Originally Added On: May 29th, 2020]